Sharkey Howes & Javer Decreases Stake in iShares U.S. Utilities ETF $IDU

Sharkey Howes & Javer reduced its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 21.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 12,180 shares of the company’s stock after selling 3,304 shares during the period. Sharkey Howes & Javer owned 0.09% of iShares U.S. Utilities ETF worth $1,274,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IDU. Hsbc Holdings PLC bought a new stake in shares of iShares U.S. Utilities ETF in the first quarter valued at approximately $64,411,000. LPL Financial LLC grew its stake in iShares U.S. Utilities ETF by 6.6% in the 1st quarter. LPL Financial LLC now owns 257,854 shares of the company’s stock valued at $26,152,000 after buying an additional 15,995 shares in the last quarter. Royal Bank of Canada raised its holdings in iShares U.S. Utilities ETF by 15.0% during the 4th quarter. Royal Bank of Canada now owns 247,285 shares of the company’s stock valued at $23,792,000 after acquiring an additional 32,222 shares during the period. MinichMacGregor Wealth Management LLC purchased a new stake in shares of iShares U.S. Utilities ETF during the first quarter worth $11,476,000. Finally, Pinkerton Retirement Specialists LLC lifted its position in shares of iShares U.S. Utilities ETF by 10.7% during the fourth quarter. Pinkerton Retirement Specialists LLC now owns 105,167 shares of the company’s stock worth $10,118,000 after acquiring an additional 10,146 shares in the last quarter.

iShares U.S. Utilities ETF Stock Performance

Shares of NYSEARCA IDU opened at $106.68 on Thursday. The stock has a market cap of $1.47 billion, a PE ratio of 21.72 and a beta of 0.53. iShares U.S. Utilities ETF has a fifty-two week low of $91.91 and a fifty-two week high of $111.38. The stock has a fifty day moving average of $108.01 and a 200-day moving average of $104.01.

About iShares U.S. Utilities ETF

iShares U.S. Utilities ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market.